NOT LISTED FOR SALE

Estimated Value: $909,000 - $1,428,000

2 Beds
2 Baths
1,870 Sq Ft
$266/mo HOA Fee

Last Sold May 28, 2020

Last sale price $985,000 $527 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,587/month

51 Days on Market

Highlights

  • Gated Community
  • 4-minute walk to Pioneer Sq Sta Acrd & Tunnel Sta.-Bay C
  • Property is near public transit
  • Garfield High School Rated A
  • City View
  • 2-minute walk to Waterfall Garden

About This Home

As of May 2020

The Lofts // Originally constructed in 1904 The Lofts represents one of Seattle’s few authentic loft buildings located in the heart of Pioneer Square. Unit 4A offers generous 2BR, 1.75BA arrangement across 1,870sf with dramatic 11’ high ceilings, exposed brick walls, original fir plank floors, and oversized west-facing windows. Additional building amenities include roof top deck, deeded garage parking, and storage. Rare live/work zoning allows both residential or business use.

Last Agent to Sell the Property

Jay Kipp

Realogics Sotheby's Int'l Rlty License #25783 Listed on: 03/04/2020

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Casey Sweeney

RSVP Brokers ERA License #132050

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1568384

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,684

Year Built

  • Built in 1904

Lot Details

  • 7,209

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • 1,870 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Ceramic Tile Flooring
  • City Views

Kitchen

  • Gas Oven or Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4397500110

Community Details

Overview

  • Association fees include common area maintenance, garbage
  • 15 Units
  • Oliver Kurabi Association
  • Secondary HOA Phone (206) 686-2026
  • The Lofts Condos
  • Pioneer Square Subdivision
  • Park Phone (206) 686-2026 | Manager Oliver Kurabi
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,684

Year Built

Built in 1904

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1904
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Loft
  • Building Name: The Lofts
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1870
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: false
  • UnitFeatures: Insulated Windows,Jetted/Soaking Tub,Primary Bath,Vaulted Ceilings
  • Special Features: VirtualTour
  • Cumulative Days on Market: 59

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceramic Tile, Cooking-Gas, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 5
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 4
  • StorageNo: 10
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garage

Exterior Features

  • Roof: Flat, Torch Down
  • View: City
  • Lot Features: Alley, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 12

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Security Gate
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Garbage
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Master Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Lobby Entrance
  • Park Manager Name: Oliver Kurabi
  • Park Manager Phone: 206-686-2026
  • Association Fee: 266
  • Association Fee Frequency: Monthly
  • Phone: 206-686-2026
  • Common Interest: Condominium
  • AssociationContactName: Oliver Kurabi
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,High Speed Int Avail,Lobby Entrance,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4397500110
  • Lot Size Acres: 0.1655
  • Lot Size Sq Ft: 7211
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 8684

Multi Family

  • Number Of Units In Community: 15
  • UnitsInBuildingTotal: 15

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
May 15, 2020
Sold by
Nonono Llc
Bought by
Grunert Peter H
Seller's Agent
Jay Kipp
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Casey Sweeney
RSVP Brokers ERA
List Price
$1,050,000
Sold Price
$985,000
Premium/Discount to List
-$65,000
-6.19%
Current Estimated Value
$1,195,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,244
Avg. Annual Appreciation
3.85%
Original Mortgage
$738,750
Outstanding Balance
$661,752
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$533,492

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 14, 2017
Sold by
Akmal Mona
Bought by
Nonono Llc
Seller's Agent
Steve Foss
Windermere Real Estate Midtown
Buyer's Agent
Jay Kipp
Realogics Sotheby's Int'l Rlty
List Price
$879,000
Sold Price
$990,000
Premium/Discount to List
$111,000
12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.17%

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 10, 2015
Sold by
Heitzeberg Joseph and Heitzeberg Natalie
Bought by
Akmal Mona
Seller's Agent
Moira Holley
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Steve Foss
Windermere Real Estate Midtown
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.25%
Original Mortgage
$556,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Liedgren Johan and Liedgren Lisa
Bought by
Heitzeberg Joseph and Heitzeberg Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2000
Sold by
Koivisto Eric R
Bought by
Liedgren Johan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
4.35%

Purchase Details

Closed on
Jun 23, 1998
Sold by
Charlwood Christopher
Bought by
Koivisto Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grunert Peter H $985,000 Chicago Title
Nonono Llc $990,000 Cw Title Co
Akmal Mona $695,000 First American
Heitzeberg Joseph $567,500 Ticor National
Liedgren Johan $585,000 Chicago Title Insurance Co
Koivisto Eric R $425,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grunert Peter H $738,750
Previous Owner Nonono Llc $700,000
Previous Owner Akmal Mona $556,000
Previous Owner Heitzeberg Joseph $347,500
Previous Owner Liedgren Johan $409,500
Previous Owner Koivisto Eric R $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $985,000 -6.2% $527 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $1,050,000 +6.1% $561 / Sq Ft
06/20/2017 06/20/17 Sold $990,000 +12.6% $529 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $879,000 +26.5% $470 / Sq Ft
06/16/2015 06/16/15 Sold $695,000 0.0% $372 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $695,000 -- $372 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,643 $928,000 $215,700 $712,300
2023 $7,901 $930,000 $215,700 $714,300
2022 $8,251 $961,000 $206,400 $754,600
2021 $7,918 $924,000 $206,400 $717,600
2020 $9,137 $841,000 $206,400 $634,600
2018 $7,719 $1,039,000 $153,000 $886,000
2017 $6,381 $800,000 $127,500 $672,500
2016 $6,264 $683,000 $104,300 $578,700
2015 -- $654,000 $92,700 $561,300
2014 -- $589,000 $88,100 $500,900
2013 -- $498,000 $74,200 $423,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1568384

Northwest Multiple Listing Service (NWMLS)

APN: 439750-0110